GBPUSD Approaches Key Resistance: Watch for Bearish ReversalGBPUSD pair is trading within a clearly defined ascending channel on the 1-hour chart, showing a short-term bullish structure. However, this bullish move appears corrective within a broader consolidation range capped near the 1.3590 resistance zone.
🔍 Technical Breakdown:
Current Price: 1.35535
Im
Key stats
About British Pound
GBPUSD, often referred to as “The Cable”, a foreign exchange term used to describe the British pound vs the US dollar, is one of the oldest traded currency pairs. In July of 1866, after an earlier failed attempt, the first reliable exchange rate between the British pound and the US dollar was transmitted between the London and New York Exchanges. Optic fibre cables accompanied by satellites handle the Transatlantic communications today.
GBPUSD I Weekly CLS I Model 1 I TR Liquidity TPHey, Market Warriors, here is another outlook on this instrument
If you’ve been following me, you already know every setup you see is built around a CLS Footprint, a Key Level, Liquidity and a specific execution model.
If you haven't followed me yet, start now.
My trading system is completely
GBP/USD.2H chart pattern.here's a breakdown of the GBP/USD 2-hour chart setup and the target points indicated:
🔍 Technical Analysis Summary
Pair: GBP/USD
Chart timeframe: 2h
Indicators used: Ichimoku Cloud, Trendline (Support), Risk-to-Reward box
Setup: Bearish break of trendline support
Direction bias: Short (Sell)
#GBPUSD: Smaller Time-Frame Tells A Different Story! GBPUSD has exhibited strong bullish sentiment in shorter timeframes. However, an analysis of shorter timeframes reveals a different picture. The current price trend is upward, and it is anticipated to continue. Nevertheless, we anticipate a price correction around 1.3470, followed by a continuation
GBPUSD Poised for a Bearish Move - UPDATEGBPUSD Poised for a Bearish Move - UPDATE
A few days ago, I shared a GBPUSD chart that showed signs of a correction. Now, that correction appears to be complete, and the likelihood of a larger decline is increasing. The exact catalyst for this move is uncertain, but the setup looks promising and c
GBPUSD: Move Up Ahead!The GBPUSD pair is poised for further gains after successfully breaking above a key resistance line of a falling wedge pattern.
This breakout occurred during a retest of a recently breached daily/intraday structure, indicating strong bullish momentum.
Traders are now targeting a price level of
Potential GBP/USD Short Trade from Double Top ResistanceThis GBP/USD chart displays a bearish setup following a double top pattern near the upper trendline of an ascending channel. Price failed to break above resistance and has begun reversing, indicating potential downside momentum. The Ichimoku Cloud shows weakening bullish pressure as price starts to
GBP/USD: Ttrading Plan for the U.S Session Sell Below 1.3591In my morning forecast. I focused on the 1.3536 level and planned to make trading decisions based on it. Let's take a look at the 5-minute chart and see what happened. A rise and formation of a false breakout around 1.3536.
On Tuesday, the GBP/USD currency pair also showed a downward movement, alth
Lingrid | GBPUSD Range-Bound Action with Upside Bias Toward 1.36The price perfectly fulfilled my previous idea . FX:GBPUSD FX:GBPUSD formed a higher low at trendline support and recently broke above the descending trendline, signaling bullish intent. Price is now consolidating in a range just above the swap zone around 1.3500. If it holds this structure, a
GBP/USD Is This the Last Dip Before 1.37?🔹 1. Price Action & Technical Structure (Weekly & Daily Charts)
Price has broken above the ascending channel highlighted on the weekly chart.
The 1.3545 area is currently acting as dynamic resistance — a weekly close above it is crucial to confirm a breakout.
Below, we find a bullish order block (de
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related pairs
Frequently Asked Questions
The current price of British Pound (GBP) is 1.35522 USD — it has risen 0.04% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing GBP price chart.
British Pound price has risen by 0.55% over the last week, its month performance shows a 1.84% increase, and as for the last year, British Pound has increased by 6.73%. See more dynamics on GBP price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
British Pound (GBP) reached its highest price on Apr 9, 2024 — it amounted to 460.99999 USD. Find more insights on the GBP price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
British Pound (GBP) reached the lowest price of 1.03728 USD on Sep 26, 2022. View more British Pound dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying GBP is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade GBP right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for British Pound (GBP): today its technical analysis shows the buy signal, and according to the 1 week rating GBP shows the buy signal. And you'd better dig deeper and study 1 month rating too — it's buy. Find inspiration in British Pound trading ideas and keep track of what's moving crypto markets with our crypto news feed.
British Pound (GBP) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, British Pound is estimated as 0.81% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about British Pound, you can find more inspiration in our curated watchlists.
You can discuss British Pound (GBP) with other users in our public chats, Minds or in the comments to Ideas.